Eve & Co Inc V.EVE.H

RE:RE:RE:RE:RE:Hey VISIONIST....you sound familiar...ALL NEGATIVE.

[x2j0a0x0]

Yup.  

Here is my prediction.

Starting Monday it will be greater than or equal to $0.17, or less than or equal to $0.17.

: )

I refuse to go down this route of the crystal ball, especially on a board that can influence people to invest their money (possibly inferring and imparting "bad" or "good" advice); I am not an advisor or fiduciary so that would be inappropriate. What I will say, is that if (when?) they get HC approval, start delivering to Germany, secure more provinces, and start executing on 2.0 products (assuming they achieve a modicum of success).... then revenue / profit and fundamentals will kick this up into a proper valuation (which I will loosely say, will be nicely north of where things are today).

We also can't be sure what the revenue or cost per gram or markets will look like in a couple of years (supply gluts, etc.).

Also, Cannabis as a sector still needs time to mature before we can state (get a sense) what might be reasonable for multipliers (revenue, EBITDA, etc.).  

 

Anywho.  I like Eve and think there is lots of opportunity.  Let's just not get. Easy on valuations quite yet.

peace, long Wve!